Published Nationally ®
Northeast Edition
February 25 2026 Vol. LXVIII • No. 4
“The Nation’s Best Read Construction Newspaper… Founded 1957.” 470 Maryland Drive • Ft. Washington, PA 19034 • 215-885-2900 • Toll Free 800-523-2200 • www.constructionequipmentguide.com
Inside
Alex Lyon & Son Kicks Off Fla. Auctions...98
Jeff Martin Holds Annual Fla. Auctions...102
VDOT photo
In September 2025, the TBM’s excavation culminated in the final breakthrough at the South Island in Norfolk, Va.
By Cindy Riley
With completion expected in 2027, the nearly $4 billion Hampton Roads Bridge-Tunnel (HRBT) Expansion Project continues making headlines as the largest highway construction project in Virginia’s history. Most recently, officials have been celebrating the major milestones reached in 2025. “It was the biggest and most meaningful year to date,” said Ryan Banas, HRBT Expansion project director. “We completed mining the twin tunnels,
CEG CORRESPONDENT
Yoder & Frey Auctions 5,500-Plus Items..106
Table of Contents . . . . . . . . . . . . . . . . . . . . . . . .4 Paving Section . . . . . . . . . . . . . . . . . . . . . . .33-48 Excavators and Attachments Section . . . .49-78 Auction Section . . . . . . . . . . . . . . . . . . . . .96-112 Business Calendar . . . . . . . . . . . . . . . . . . . . . .88 Advertisers Index . . . . . . . . . . . . . . . . . . . . . .110
setting records for daily production rates for a tunnel boring machine [TBM] of its size. “We also opened the first two lanes of the new eight-lane South Trestle Bridge that carries traffic between the facility’s South Island and Willoughby Spit in Norfolk. Additionally, many traffic shifts of various lengths were completed on the eastbound roadway in Norfolk, totaling nearly six miles of new and widened roadway open to traffic.” see HRBT page 24
Surety Market Enjoying the Sunshine Bright Picture May Be Mirage Once IIJA Expires in September By Lucy Perry CEG CORRESPONDENT
Because of the infrastructure sector, the surety insurance market is achieving profit margins it
hasn’t seen in 10 years. Experiencing “a golden era of profitability,” these insurers also can thank the fed for funding the transportation construction initiatives that are feeding steady demand for contractor and developer bonds. Though not without its challenges that could erode big gains, the surety market is looking good. “These stellar results reflect more than simple scaling,” notes the editorial team at Risk & Insurance of the report from global credit rating agency AM Best. see SURETY page 18
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